VS
When evaluating costs, GIQG features a management fee (MER) of 0.65%, compared to 0.55% for ZUT. Performance-wise, GIQG has returned 4.83% year-to-date with -$0 M in net flows, whereas ZUT is at 20.43% with -$76 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
GIQG
ZUT
| AuM | $7.75 M | $893.16 M |
| Management Fees | 0.65% | 0.55% |
| Exp. ratio | 0.82% | 0.61% |
| Tracking Difference | - | -0.90% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GIQG | -1.15% | +6.40% | +4.83% | +13.55% | +62.57% |
ZUT | +3.72% | +9.48% | +20.43% | +29.41% | +47.71% | |
| Flows | GIQG | -$0 M | -$0 M | -$0 M | -$1 M | -$2 M |
ZUT | -$15 M | +$4 M | -$76 M | +$122 M | +$233 M |
GIQG vs ZUT exposure
Countries
GIQG
Exposure data will be available soon
ZUT
Canada
85.23%
Bermuda
14.77%
Sectors
GIQG
Exposure data will be available soon
ZUT
Utilities
100.00%
As of June 11, 2026
Top 10 Holdings
GIQG
Exposure data will be available soon
ZUT
BORALEX
10.04%
NORTHLAND POWER
8.09%
ALTAGAS
8.08%
BROOKFIELD RENEWABLE PARTNERS
7.87%
ATCO
7.62%
CAPITAL POWER
7.57%
EMERA
7.48%
ALGONQUIN POWER
7.47%
CANADIAN UTILITIES
7.43%
FORTIS
7.23%
Diversification
GIQG
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.87%
Characteristics
Compare
GIQG
ZUT
| Provider | Guardian Capital | BMO |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Utilities Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.02% | 2.77% |
| Meets ESG criteria | No | No |
| Inception Date | August 11, 2020 | January 19, 2010 |
Frequently asked questions about GIQG and ZUT
Which ETF has performed better year to date: GIQG or ZUT?
As of June 11, 2026, GIQG has returned 4.83% year to date, while ZUT has returned 20.43%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: GIQG or ZUT?
As of June 11, 2026, GIQG manages $7.75 M in assets, while ZUT manages $893.16 M. ZUT is the larger fund by AUM.
How are GIQG and ZUT managed?
GIQG is actively managed by Guardian Capital. It does not track an index. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: GIQG or ZUT?
Year to date, GIQG has seen -$0.05 M in net flows, compared with -$76.24 M for ZUT. GIQG has attracted more net investor money so far.
How do the fees of GIQG and ZUT compare?
GIQG has an expense ratio of 0.82%, while ZUT has an expense ratio of 0.61%.
Recent articles about GIQG and ZUT
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.